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Reuters Asks: What does the City want from new mayor

Tuesday, May 01, 2012 - 03:08

May 1 - Insider asks bankers and business leaders what the new mayor of London needs to do to maintain The City's status as the world's leading financial centre.

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Can London's flamboyant conservative met Boris Johnson fights off a determined challenge from his socialist predecessor Ken Livingston -- It may not be -- big and -- he has a USO French presidential election. But the race to become the next mayor of London is proving every bit as hard fought up close and personal. At the hearts of the battle London's status as the world's top financial cents a. -- in the since he wouldn't have full foot at the conservative candidate says Boris Johnson that he has been quite vocal in his support for the city on me and in European matters and also in the UK. Whereas the labor candidate has that put out -- that are critical comments on bankers and -- so would be unlikely for me that anybody in the -- would really vote for him. The polls are saying is Boris Johnson let's be honest -- -- he's quite a far ahead in the polls say. It would be surprised if Livingston got in on cussing and if I could just go I think he's still more our business than the Livingston -- with. London streaking transport system also at the center of the debates and Boris Johnson is taking on the organized labor. In a way not seen since Margaret Thatcher's cracked down on the unions in the 1980s. We -- governing effectively we've puts him. We -- a massive budgets not to invest in our transport infrastructure we've secured those budgets it's volatile week -- forward those improvements. Mass -- eight years in the last decade and one of the architects behind London's successful Olympics bid. Ken Livingstone wants to -- transport faster we can -- Decline -- did you notice -- -- I'm not one isolated people that get selected and by standing Arizona's people people remember. -- -- the fans how to increase police numbers on one hand and it. I'm an active -- man -- do the things that bring jobs from London Livingston is finding it difficult to get pitches to believe in his pledges. And not surprisingly. Bankers and business leaders remain suspicious. I can't possibly understand why any business person would want a left wing socialist. Home on the basis that those are the individuals who want to tax. I'm want to increase. The burdens on business it is a fundamental Tenet of left wing. Politics that you extract from the wealth creates is. I'd probably rather spend the weekend -- Boris that can and to be honest and having. Having said that are having said that I'd like I'd like politicians to get longer terms. I mean I think I'm sitting here in New York Mayor Bloomberg is in his third time he's done a fantastic job there in you what the reason. I think the primary reason is he's had continuity. With the race in its last week the polls put Boris narrowly ahead. With 2012 Olympics less than three months away the winner will take center stage at the opening ceremony. It looks like Boris. But an upset could get it can -- opportunity to finish what he started. David cinco -- --

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Reuters Asks: What does the City want from new mayor

Tuesday, May 01, 2012 - 03:08